You’re probably heard of lifestyle inflation, especially in today’s current economic climate. You may even feel its influence whenever you get a pay raise or bonus. With an increase to your wage you probably feel you deserve a better car and a bigger TV; with a yearly bonus you may even think you can pay for a extension to your house. Rather than banking it and keeping your cost of living stable, you spend it instead. While I’m not saying you should never spend your money, keeping your lifestyle inflation under control will benefit you and your finances significantly in the long run. When things are rough (as they arguably are now) you will really appreciate the benefits.



October 20, 2008 Lifestyle Design
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